| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $48M | $53M | 0.7% | -9.6% |
| Op. Income | $19M | $15M | $19M | 24.1% | -3.4% |
| Gross Margin | 85.9% | 81.5% | 81.5% | 4.4pp | 4.4pp |
| Net Margin | 29.1% | 23.4% | 27.5% | 5.7pp | 1.6pp |
| EPS (Diluted) | $0.73 | $0.59 | $0.76 | 23.7% | -3.9% |
| Free Cash Flow | $18M | $13M | $18M | 37.3% | -0.9% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $305.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $11M |
| Operating Expenses | $23M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $19M |
| Interest Income | $44M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $19M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $305.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $11M |
| Operating Expenses | $23M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $19M |
| Interest Income | $44M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $19M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4.0K |
| Deferred Income Tax | -$857.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $34M |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $455M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $502M |
| PP&E (Net) | $82M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $971M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $193M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $100M |
| Additional Paid-In Capital | $176M |
| Retained Earnings | $307M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $561M |
| Minority Interest | $0 |
| TOTAL EQUITY | $561M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $246M |
| Net Debt | $198M |
